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72 Lorne Park Road, Lowestoft, Suffolk, NR33 0RB - Image 1
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72 Lorne Park Road, Lowestoft, Suffolk, NR33 0RB

East of England

£127,500Guide Price

Listed on 09/07/2026

Property details

Bedrooms
3
Type
Terraced
Area
958 sqft

Description

This vacant three-bedroom mid-terrace house presents a significant refurbishment opportunity over three levels. With a total floor space of 89 sq. meters and a loft conversion already in place, the property is primed for modernisation to enhance its value. The layout includes two bedrooms on the first floor, alongside a loft bedroom, a first-floor bathroom, and a ground-floor shower/WC. The kitchen and utility room add functional space leading into the sitting room. The enclosed rear garden features a brick-built workshop, providing additional storage or project potential. Residents enjoy permit parking, making it convenient for both homeowners and tenants alike. With mains gas central heating, mains water, drainage, and an owned solar system (untested), this property has the infrastructure to support further upgrades. Offered at auction, this home is ideal for investors looking to make strategic renovations.

Investment analysis

(NR33 area)

Below Market Value

This property is priced -48.1% below area average per sq ft

-48.1%
Potential saving
This Property
£133/sq ft
Area Average
£256/sq ft
Avg Rent (weekly)
£201
Avg Yield
4.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£270,247
10% above area average per sq ft
Potential ROI
+61.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (NR33)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -1.9%
5 year growth: +16.1%
Investment Disclaimer: Analysis based on NR33 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

72 Lorne Park Road, Lowestoft, Suffolk, NR33 0RB
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£482
Based on a loan of £95,625 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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